Portland’s Ione Plaza Resurrected as The Vue Apartments
Portland’s first high-rise apartment building was Ione Plaza. The 15-story building originally opened in 1951. Located at 1717 SW Park Avenue, the complex has been completely remodeled and recently reopened as The Vue. This 307-unit building has the following unit mix:
Studios 388-sq. ft. renting from $730-$800
1 bedroom 1-bath units of 568 sq. ft. renting from $920-$1,135
2-bedroom 1-bath units with 725 sq. ft. renting from $1,240-$1,800
3-bedroom 2-bath penthouses, 1,664 Sq. ft. $4,000
The Oregonian reports that the Vue’s renovation comes “at a tumultous moment in the downtown housing market” amid the recent conversion of an estimated 1,200 apartments to condos. Read the full article > > >
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com